Identity Theft is on the Rise – Two Ways to Protect Yourself

Identity Theft is on the Rise – Two Ways to Protect Yourself

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Experian Home Page

I was recently an attempted victim of identity theft, where someone had gotten ahold of my debit card's information and tried to buy things using it. Fortunately, my bank was able to protect me. But what do you do when thieves manage to get personal details and try to open credit accounts in your name? That's full blown identify theft and you're going to be in for a world of hurt.

Lots of companies are offering credit monitoring services where for a nominal fee they'll alert you if your credit score changes. That's really nice of them to let you know after the fact. Some may even have services to “fix” your credit should you become a victim – a type of credit insurance if you will.

I'm a believer that you need to be proactive instead of reactive. Here are two tips that you can use to protect your identity without having to pay an arm and a leg to do so:

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